Investing
Achmea Investment Management Appoints BNY Mellon to Provide Depositary and Custody Services to its Investment Funds Business
BNY Mellon has been appointed by Achmea Investment Management to provide AIFMD depositary and global custody services to nearly €19 billion of investment funds.
This latest appointment extends BNY Mellon’s relationship with Achmea Investment Management, where it already provides depositary and fund administration services for a number of Achmea IM’s investment funds.
Jacob de Wit, Chief Executive Officer of Achmea Investment Management: “We believe BNY Mellon is the right strategic business provider for us. We have a good cultural and personal fit with BNY Mellon’s team and organisation in the Netherlands. We look forward to growing a relationship based on our shared commitment to investor outcomes and service excellence.”
“We are excited to continue expanding our relationship with Achmea Investment Management. They have been very successful in attracting new institutional investors, in particular pension funds,” said Leonique van Houwelingen, EMEA Head of Strategic Growth and Regional Head of Client Coverage for Asset Servicing. “Our aim is to deliver digital custody and data solutions that enable seamless integration across the funds’ investment lifecycle, underpinned by a resilient, transparent and efficient operating model that enables Achmea Investment Management to focus on managing assets and servicing their customer base. This significant appointment is testament to the quality of our services, technology and our well-established team in the Netherlands.”
About BNY Mellon
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of June 30, 2021, BNY Mellon had $45.0 trillion in assets under custody and/or administration, and $2.3 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.
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